New Buyback Program Announced
ABF announced a new buyback program of GBP 250 million to be completed in 2026, following GBP 594 million of buybacks in 2025.
Strong Capital Returns to Shareholders
Over the last 3 years, ABF has returned GBP 3.2 billion to shareholders through dividends and share buybacks.
Primark's Store Rollout Success
Primark's store rollout program contributed 4% to growth with good execution across key markets in Europe and the U.S.
Primark's Improvement in the UK
Primark's UK trading showed a good sequential improvement with like-for-like sales broadly flat in the second half, gaining market share.
Positive Growth in Ingredients Segment
Adjusted operating profit for Ingredients grew 16% at constant currency, supported by a continued focus on productivity savings and good management of input costs.
Successful Sugar Mill Launch in Tanzania
The new sugar mill in Tanzania began production, expected to significantly increase domestic supply and contribute to a 20% return in the medium term.
Robust Grocery Segment Performance
Twinings and Ovaltine delivered good sales growth, supported by marketing investment and product innovation.